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Fly News Breaks for December 7, 2017
TROX, VNTR, CC
Dec 7, 2017 | 06:31 EDT
Citi analyst P.J. Juvekar views the Federal Trade Commission's lawsuit to block Tronox's (TROX) acquisition of Cristal as negative for his TiO2 coverage saying it may lead to a less consolidated market. Nonetheless, the analyst thinks the TiO2 cycle is "going in the right direction" without the Tronox deal. He remains a buyer of both Chemours (CC) and Venator Materials (VNTR) following yesterday's pullback.
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